Wednesday 4 May 2011

Moves to freeze assets heat up - The National

The international financial crackdown on leaders of Arab countries where protests flared this spring continues to intensify.

The US last Friday imposed asset freezes on Maher al Assad, the brother of the Syrian president Bashar al Assad, and Atif Najib, his cousin. The US also imposed new sanctions on the country's general intelligence directorate and Ali Mamluk, who heads the agency. They are accused of overseeing military units that violently put down protests, resulting in the deaths of at least 400 people.

The sanctions are only the most recent in a growing list of asset freezes and other financial pressure brought to bear against embattled and deposed Arab leaders including Zine el Abidine Ben Ali, the former Tunisian president, Hosni Mubarak, who was ousted as Egypt's president in February, and Muammar Qaddafi, Libya's leader.

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